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Global Business Brokerage Inc. where you will experience a "World of Difference"
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Industry: TelecommunicationsSegment: Three Locations- Retail - Cellular Telephone & Accessory SalesTHE BEST OF THE BEST – GUARANTEED!! SORRY - JUST SOLD!!! YOU WILL NOT FIND A BETTER CELLULAR RETAIL (MULTIPLE LOCATIONS) BUSINESS TO BUY IN ALL OF TAMPA BAY!! LOCATIONS! LOCATIONS! LOCATIONS! LOCATIONS: All three stores are located on major traffic roads (50,000 to 75,000 cars pass per day). High traffic visibility with easy entry to store parking lots. Plus great signage which can be seen easily from the street. THREE WINNER LOCATIONS! One location is a stand-alone building and the other two are in strip malls with major name businesses as neighbors. All get GREAT foot traffic and now repeat business. METRO-METRO-METRO – Yes & No?? Don’t think of these 3 store locations as typical Metro Cell Phone operations, because they are much, much more... Geography: Tampa Bay Area Asking Price: $ 225,500(Plus Inventory of approximately $35,000) – THIS IS WAY UNDER-PRICED FOR QUICK SALE!Gross Revenue: $984,540/Year $82,045/ Month/ (Projected) Owner Benefit: $352,200/Year $29,349.99/Month Inventory: $35,000 NOT INCLUDED. This is the cost. ALL current phones and some accessories. To be paid for at closing. This is the MINIMUM all three stores can effectively run on a daily basis, (This included some daily, but mostly incoming shipments of phones 2 to 4 times per week). All product (phones & accessories) are paid COD – (No payables). Now, it is up to you, but the current owner actually runs at 3 locations with approximately $10 - $15,000 more weekly inventory, as stated above. The Seller believes you could possibly run the business with less than what he currently has in stock. The “REAL QUESTION" is how many sales would you loose by reducing the current inventory level? SALES: ALL OF THE ACTIVATIONS, RENEWAL ACTIVATIONS, AND STAND ALONE CELL PHONE SALES ARE 100% DOCUMENTED WITH PURCHASE INVOICES FROM THE SUPPLIERS, ARE TRACKABLE PAYMENTS (COD) AND PURCHASE PRICE TO THE BUYER AND COMPLETE RECORDS FOR STATE SALES TAX PAID – WOW – EVERYTHING YOU NEED IS AVAILABLE FOR YOUR REVIEW. FFE: All of the three stores are well appointed inside with glass cases for phones and accessories. The storage area is sufficient. Each store maintains its own inventory, which is all stored in BIG SAFES! Exterior signage is GREAT and VERY EXPENSIVE. Total FFE included in the Sale Price $47,396.00
Monthly Operating Expenses: Rent, telephone, DSL, Electricity and MISC expenses for all three locations run at $11,972 Facilities: Store #1 Store #2 Store #3 Rent $1,019 $1,179 $ 970 Square Ft. 730 550 800 Lease Terms: The current leases for the three locations are in various stages of a 3 year lease. Each landlord will sign a new lease with 3 year lease with 3 one year options. The rent increase will be based on yearly CPI Index. Electrical: $ 200 $ 250 $ 120 Phone & DSL: $ 165 $ 110 $ 165 Alarm: $ 23 $ 23 $ 23 Misc: $ 200 $ 100 $ 100 Flags/Store Window Signs For Promotion $ 100 $ 100 $ 100
Insurance $ 100 - $ 100 Subtotal $1,982 $1,912 $1,678
PAYROLL: $2,000 $2,400 $2,000 (Employees are paid a base plus commission on sales) PERSONNEL: Each store has one employee (As Manager) and 1 to 2 Part time employees. All are trained and are currently responsible for activations and sales. TOTAL: $11,972/Month $143,664/Year ESTABLISHED: All within the past 3 years. GENERAL FINANCIAL SUMMARY (You won't find this very often) Remember all of the information contained on this website was provided by the Owner WITH METICULOUS detail and line by line item identification, as well as by activations by store location from carrier, phone supplier records and sales (line item) by store (by phone) to establish the owner benefit. You will not find more well maintained and provable records than these. BELOW IS A “ BIG SNAPSHOT” FOR THE THREE STORE OPERATION FOR THE MONTH OF JANUARY, 2007 (Provided by the Business Owner from Line Item DOCUMENTED Reports): Store #1 Store #2 Store #3
1. New Metro Phone Sales 206 163 128 2. Phone Cost for #1 Above $19,755 $13,815 $12,420
TOTAL PHONE SALES FROM METRO 497 TOTAL COST $ 45,990
3. TOTAL SALES BEFORE SALES TAX $82,045.08 Less Costs (-) $45,990.00 GROSS PROFIT $36,055.08 (PER MONTH)
4. MONTHLY METRO PAYMENTS: Store #1 Store #2 Store #3 Number 920 612 545 Profit $2,361.21 $1,499.05 $1,406.64
TOTAL PROFIT: $5,266.91 TOTAL PAYMENTS $2,077.00/Month
5. (#3 AND #4 ABOVE) MONTHLY GROSS PROFIT: $ 41,321.99
6. GROSS MONTHLY PROFIT: $41,321.99 LESS: MONTHLY OPERATING EXPENSE: $11,972.00 TOTAL OWNER BENEFIT $29, 349.00/Month
BUSINESS COST $225,000 INVENTORY COST $ 35,000 $260,000
8.85 MONTH PAYBACK
TRY TO FIND ANOTHER BUSINESS OPPORTUNITY WITH THIS PAYBACK – I DON’T THINK YOU CAN. DO THE MATH, ONE MORE TIME, THEN CONTACT THE BROKER IMMEDIATELY! Our European clients have started contacting us already (4 hours after this business was posted to all of our websites around the world). Better hurry – we don’t believe this will last long on the market. ALSO, INCLUDED IN THE SALE PRICE BUT NOT COMPUTED IN THE ABOVE SALES OR OWNER BENEFIT – WHICH MEANS +++++ INCOME! THE MONTHLY PROFIT FOR THESE TWO CATEGORIES IS UNBELIEVABLE AND GROWING EVERY MONTH!! This portion of sales and owner benefit will be reviewed when the business is shown. · Used Phones (Replacement Sales) - ALL MAJOR BRANDS! · Phone Repairs - ALL MAJOR BRANDS! The mark up on the above two profit centers is as high, in some cases, as 400%. REASON FOR SALE: The Owner and his family will relocated back to their home country in the Middle East. This is the primary reason for the pricing, as well as the undermarket value. It should sell for over $700,000, with inventory included. Owner is extremely MOTIVATED to sell at the LISTED PRICE so he can relocate his family back to his home country and his "roots". Note: ARE YOU RELOCATING TO THE TAMPA BAY AREA? Also for sale is the Seller’s home. It is in a great area for a family and reasonably priced. We can have the Owner provide you with more details. OH, DID I FORGET TO MENTION, METRO ISN’T OPENING ANY ADDITIONAL RETAIL STORES IN THIS AREA. HOW MUCH IS THAT WORTH??? DO YOU NEED ADDITIONAL REASONS TO MOVE TO THE TAMPA BAY AREA? OK THEN, READ ON:
YOU WILL LOVE THIS AREA! Great shopping, great restaurants, great schools, and many churches to choose from... to raise your family! ... and it's not very far from the beach on your "days off". TRAINING: One month at no cost to the Buyer. A PICTURE IN THIS INSTANCE IS DEFINITELY "WORTH A THOUSAND WORDS"!! Remember to have the Broker e-mail you the photo gallery. Disclosure: Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis. Information provided herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. |
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